Leadership & Pay ·
Adopts amended Incentive Compensation Plan for 2027 fiscal year with new performance metrics
KLICKulicke & Soffa Industries Inc
The Management Development and Compensation Committee approved an amended and restated Incentive Compensation Plan effective for the 2027 fiscal year. The plan replaces prior corporate performance measures of Net Income and Operating Margin (each weighted 50%) with Operating Profit and Gross Margin, each also weighted 50%. It introduces flexibility for business unit scorecards to align with growth phases and strategic priorities. Additionally, Executive Leadership Team awards will now include a 15% individual goal component aligned with strategic objectives, down from 85% corporate financial performance previously based solely on corporate metrics. Kulicke and Soffa Industries designs and manufactures semiconductor assembly equipment.